About Currency Cross-Eyed

Currency Cross-Eyed Author

Trading currency crosses opens a whole new side of the currency markets, as different crosses possess different qualities that can suit any style of trading. Some crosses move fast and are extremely volatile with daily ranges that may exceed over 100 pips. While other crosses move relatively slow and exhibit low volatility, which is more suited for novice traders.

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February 2010

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Archives

February 2010
Monthly Archive

Cross-Eyeing: EURJPY - Closed Open Orders

I got left behind on this trade, as the yen rallied early in the Asian session yesterday. I can't even say that I was close to being triggered, as the pair only went as high as 35 pips away from my entry point.… More…

Cross Eyeing: AUDJPY - Closed Open Order

Unfortunately, price was unable to retrace back to my desired entry point. In retrospect, I should have gone long on the break of the bullish flag for a quick day trade.… More…

Cross Eyeing: GBPJPY - Trade Closed

Bahhh! Things didn't work out too well for me as risk appetite was back in style yesterday. Time to close my trade ahead of the inflation report!… More…

Cross Eyeing: EURJPY - Close Open Orders

Argh! The EURJPY pair climbed only until 126.98, missing my entry order at 127.00 by 2 measly pips.… More…

"Minds are like parachutes, they only function when they are open."
Thomas Dewar
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